The Freedom Point

If you’re like most business owners, your desire for freedom is hardwired into your psyche. You could get a job with a fancy title, a lucrative salary, and comprehensive benefits, but the desire to call your own plays has led you to the road less traveled.

However, starting a company may not be enough to facilitate the freedom you imagined. Just because you’re the boss, that doesn’t mean you are liberated from demanding customers or needy employees undermining your freedom. For that level of independence, you may need to sell your business and create a pool of cash that can generate the kind of income you need to fund the lifestyle you aspire to have.

Selling your business may seem far off into the future, but if exiting your business now would give you the financial resources to do whatever you want, it may be worth considering sooner than feels natural.

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